audit Archives

“IRD RISK REVIEW” VS IRD “REQUEST FOR MORE INFORMATION”

By Garreth Collard, Senior Property Accountant | March 31, 2025

A New Zealand property investor sitting at a table, looking concerned while reading a letter from Inland Revenue.

Facing an IRD Risk Review is a scary thing. You might have read about Audits, and Risk Reviews. But what does the process (sometimes) look like?

WHEN THE IRD WANTS MORE INFO!

By Garreth Collard, Senior Property Accountant | August 23, 2016

When the IRD wants more info… what do you do? This year (2016) we’ve seen a dramatic increase in requests for information from IRD, generally, letters where they want a more detailed breakdown of expenses. We’ve also seen some more “direct” methods employed. What is this all about? FOCUS ON PROPERTY This year, as in…